Sep 7, 2026 – 5.00amWestpac is preparing to dramatically increase how much of its loan book is sliced up and backed by private credit giants and superannuation funds, bringing in a former Goldman Sachs banker to deploy a Wall Street-inspired approach in the hope of finding investors and freeing up capital.The strategy to divide parts of the mortgage and business loan book goes further than its rivals and comes amid strong demand from the likes of Blackstone, KKR, PIMCO and other global credit funds for exposure to Australian lending.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles